You thought you could predict. You’ve found you can’t. You’re not alone.
A dear friend sent me 25 predictions from “learned” people.
Technology is impossible to predict. Have fun with these:
Harry Newton who got hit by Friday’s squall in the market, like all of us. Weakness in stock markets seems caused by:
1. September is the worst month.
2. Institutions are raising cash to invest in Alibaba which, they figure, will be a hot IPO and is also the largest ever.
3. There’s talk — again — that the Fed will shortly raise rates. We should hear more on Wednesday. For now, it’s just talk. But it’s hurting the mortgage REITs, like NLY and AGNC.
It was a nice weekend. Claire, my daughter, brought Sophie, my new granddaughter, over. We had fun showing her off and trying to take silly pictures. Samples:
#26 Barack Obama is going to be a great president…Harry Newton, Nov 2008.
That is funny. Harry obviously is human, something suspect until now.
Harry, the images are cut off on the right side on my iPad.. not formatting properly..